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Posted rates as signals in mortgage lending markets

Author

Listed:
  • Robert B. Avery
  • Patricia E. Beeson
  • Mark S. Sniderman

Abstract

A discussion of how mortgage lenders might use posted lending terms to signal both their eagerness to take new loan applications and their lending standards.

Suggested Citation

  • Robert B. Avery & Patricia E. Beeson & Mark S. Sniderman, 1994. "Posted rates as signals in mortgage lending markets," Working Papers (Old Series) 9419, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:9419
    as

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    References listed on IDEAS

    as
    1. Robert B. Avery & Patricia E. Beeson & Mark S. Sniderman, 1993. "Accounting for racial differences in housing credit markets," Working Papers (Old Series) 9310, Federal Reserve Bank of Cleveland.
    2. Glenn B. Canner & Dolores S. Smith, 1991. "Home Mortgage Disclosure Act: expanded data on residential lending," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Nov, pages 859-881.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Mortgages; Interest rates;

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